Match the terms with the definitions.
-A notification to the payee that the bank has collected interest on a note and added the amount to the payee's account.
A) accrued interest on notes payable
B) time
C) proceeds (note receivable)
D) principal of the note
E) notes payable register
F) credit advice
G) maturity value
H) discounting a note receivable
I) dishonored
J) effective rate
K) promissory note
L) maker
Correct Answer:
Verified
Q84: Match the terms with the definitions.
-The amount
Q85: Match the terms with the definitions.
-The interest
Q86: Match the terms with the definitions.
-A detailed
Q87: Match the terms with the definitions.
-A potential
Q88: Match the terms with the definitions.
-The procedure,
Q90: Match the terms with the definitions.
-A note
Q91: Match the terms with the definitions.
-The months
Q92: Match the terms with the definitions.
-A note
Q93: Match the terms with the definitions.
-An interest
Q94: Match the terms with the definitions.
-The difference
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